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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (34852)	2/9/1998 2:31:00 PM
From: donald sew	Respond to of 58727

Jim, >>> nobody would know what to do with a 500 point pull-back anyway <<< gggggggggggggggg You are so right. In a 500 point drop, there could be one day early in such a pullback where the DOW drops 200 points, then by the time they get in to ride the downside its already 300 points down, then on a intraday basis it drops to 500 points down but bounces up real quick back to the 300 point down range. Well, Jim. How many times have you heard it before from me. If the DOW does get to the 7900-8000 range, I will try set up a strangle, with MAR options. But, you know, I probably wont get it executed, just not disciplined enough yet. Seeya